Singapore: The Illusion of Paradise—The Reality of Moving and the Preparedness Required
Known as a “tax haven,”
Singapore has attracted the wealthy with its low tax rates, absence of capital gains tax, and no inheritance tax, making it a hotspot for investment from abroad.
However, after years of serving as a private banker here, I have come to realize that beneath this sparkling image,
Singapore is undergoing a major transformation.
The Golden Age Gone—The Light and Shadow of the Immigration Boom